Trans-Siberian Gold (#TSG) – 118p per share recommended offer
- 2021-03-18 07:50:59
Trans-Siberian Gold (TSG) has updated on its Asacha gold mine, Far East Russia, emphasising “a significant resource upgrade which comes as a direct result of our successful drilling campaign. It is pleasing to substantially increase the size of the overall Mineral Resource and also move our resources into higher confidence categories” – and helping the shares up to 89p...
A prior update from Trans-Siberian Gold (TSG) included “the company's supply chains remain unaffected and our operations continue to run as normal… Current events have resulted in material changes to commodity prices and foreign exchange rates, which are expected to impact positively on the overall profitability of the group”. The shares have responded up to 60p to buy – but that compares to more than double this in September… it is our March share tip of the month and we expect a rapid re-rate as the gold price soars...









